Chase Investment Counsel Corp Invests $973,000 in Build-A-Bear Workshop, Inc. $BBW

Chase Investment Counsel Corp bought a new stake in Build-A-Bear Workshop, Inc. (NYSE:BBW) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 26,000 shares of the specialty retailer’s stock, valued at approximately $973,000. Chase Investment Counsel Corp owned approximately 0.21% of Build-A-Bear Workshop as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Kestra Advisory Services LLC acquired a new position in Build-A-Bear Workshop in the fourth quarter worth about $28,000. IFP Advisors Inc lifted its holdings in Build-A-Bear Workshop by 68.1% during the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after buying an additional 203 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Build-A-Bear Workshop by 453.1% during the 3rd quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after buying an additional 444 shares during the last quarter. Blue Trust Inc. lifted its holdings in Build-A-Bear Workshop by 163.0% during the 4th quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock worth $41,000 after buying an additional 414 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Build-A-Bear Workshop in the 2nd quarter worth approximately $57,000. Institutional investors own 79.30% of the company’s stock.

Insider Activity

In related news, Director George Carrara sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $34.52, for a total value of $103,560.00. Following the sale, the director owned 11,277 shares of the company’s stock, valued at approximately $389,282.04. This trade represents a 21.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 4.00% of the company’s stock.

Build-A-Bear Workshop Stock Down 0.1%

Shares of NYSE:BBW opened at $33.99 on Wednesday. Build-A-Bear Workshop, Inc. has a fifty-two week low of $29.35 and a fifty-two week high of $75.85. The firm has a 50-day simple moving average of $33.83 and a 200 day simple moving average of $43.27. The company has a market cap of $426.28 million, a PE ratio of 7.96 and a beta of 1.09.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.27. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%. The firm had revenue of $125.27 million for the quarter, compared to analysts’ expectations of $129.45 million. As a group, research analysts forecast that Build-A-Bear Workshop, Inc. will post 4.04 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, June 25th. Build-A-Bear Workshop’s dividend payout ratio is presently 21.55%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings downgraded Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. DA Davidson restated a “buy” rating and set a $60.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday, May 29th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Build-A-Bear Workshop presently has an average rating of “Moderate Buy” and a consensus price target of $70.00.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.